The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
3M CO COM 88579y101 9,279 65,491 SH   SOLE   37,793 0 27,698
AAR CORP COM 000361105 2,898 120,000 SH   SOLE   120,000 0 0
ADVENT SOFTWARE INC COM 007974108 409 12,961 SH   SOLE   12,961 0 0
AES CORP COM 00130H105 2,127 150,000 SH   SOLE   150,000 0 0
AFLAC INC COM 001055102 245 4,202 SH   SOLE   4,202 0 0
AGILENT TECHNOLOGIES INC COM 00846U101 201 3,526 SH   SOLE   3,526 0 0
AGL RES INC COM 001204106 2,405 46,852 SH   SOLE   6,352 0 40,500
ALCOA INC COM 013817101 192 11,917 SH   SOLE   11,777 0 140
ALLSTATE CORP COM 020002101 5,819 94,822 SH   SOLE   79,932 0 14,890
ALTRIA GROUP INC COM 02209s103 619 13,474 SH   SOLE   13,474 0 0
AMERICAN EAGLE OUTFITTERS NE COM 02553e106 7,043 485,053 SH   SOLE   311,990 0 173,063
AMERICAN EXPRESS CO COM 025816109 223 2,553 SH   SOLE   2,553 0 0
AMERICAN INTL GROUP INC COM NEW 026874784 3,269 60,509 SH   SOLE   50,112 0 10,397
ANNALY CAP MGMT INC COM 035710409 5,175 484,563 SH   SOLE   411,443 0 73,120
APPLE INC COM 037833100 10,334 102,568 SH   SOLE   55,541 0 47,027
ARES CAP CORP COM 04010L103 1,563 96,695 SH   SOLE   73,100 0 23,595
ARES COML REAL ESTATE CORP COM 04013v108 2,311 197,696 SH   SOLE   154,461 0 43,235
ARRIS GROUP INC NEW COM 04270V106 1,746 61,584 SH   SOLE   47,879 0 13,705
ASCENA RETAIL GROUP INC COM 04351G101 575 43,253 SH   SOLE   31,433 0 11,820
AT&T INC COM 00206r102 10,379 294,518 SH   SOLE   184,075 0 110,443
ATWOOD OCEANICS INC COM 050095108 2,399 54,901 SH   SOLE   44,811 0 10,090
AUTOMATIC DATA PROCESSING IN COM 053015103 2,542 30,600 SH   SOLE   0 0 30,600
AVERY DENNISON CORP COM 053611109 1,200 26,876 SH   SOLE   21,376 0 5,500
AVNET INC COM 053807103 2,490 60,000 SH   SOLE   60,000 0 0
AZZ INC COM 002474104 1,098 26,287 SH   SOLE   20,137 0 6,150
BANK AMER CORP COM 060505104 3,386 198,585 SH   SOLE   198,585 0 0
BAXTER INTL INC COM 071813109 7,312 101,887 SH   SOLE   63,107 0 38,780
BECTON DICKINSON & CO COM 075887109 2,162 19,000 SH   SOLE   0 0 19,000
BGC PARTNERS INC CL A 05541T101 203 27,380 SH   SOLE   27,380 0 0
BLACKROCK INC COM 09247X101 9,382 28,577 SH   SOLE   19,670 0 8,907
BLACKROCK KELSO CAPITAL CORP COM 092533108 112 13,100 SH   SOLE   13,100 0 0
BP PLC SPONSORED ADR 055622104 397 9,026 SH   SOLE   8,676 0 350
BRISTOL MYERS SQUIBB CO COM 110122108 267 5,211 SH   SOLE   5,211 0 0
BROWN & BROWN INC COM 115236101 3,781 117,607 SH   SOLE   99,772 0 17,835
CAI INTERNATIONAL INC COM 12477X106 2,179 112,611 SH   SOLE   85,371 0 27,240
CARDINAL FINL CORP COM 14149F109 983 57,605 SH   SOLE   42,010 0 15,595
CASELLA WASTE SYS INC CL A 147448104 1,232 319,974 SH   SOLE   272,049 0 47,925
CATERPILLAR INC DEL COM 149123101 8,014 80,930 SH   SOLE   46,589 0 34,341
CATHAY GEN BANCORP COM 149150104 1,395 56,188 SH   SOLE   40,493 0 15,695
CELADON GROUP INC COM 150838100 1,425 73,284 SH   SOLE   53,469 0 19,815
CHECKPOINT SYS INC COM 162825103 1,165 95,238 SH   SOLE   74,243 0 20,995
CHESAPEAKE ENERGY CORP COM 165167107 356 15,490 SH   SOLE   15,490 0 0
CHEVRON CORP NEW COM 166764100 10,049 84,218 SH   SOLE   56,414 0 27,804
CISCO SYS INC COM 17275R102 7,415 294,607 SH   SOLE   164,482 0 130,125
CITIGROUP INC COM NEW 172967424 2,349 45,331 SH   SOLE   45,331 0 0
CITRIX SYS INC COM 177376100 3,161 44,310 SH   SOLE   37,259 0 7,051
CME GROUP INC COM 12572Q105 4,337 54,237 SH   SOLE   45,831 0 8,406
COCA COLA CO COM 191216100 5,563 130,399 SH   SOLE   35,963 0 94,436
COLONY FINL INC COM 19624r106 1,025 45,790 SH   SOLE   33,555 0 12,235
COLUMBIA BKG SYS INC COM 197236102 1,858 74,896 SH   SOLE   58,871 0 16,025
COLUMBUS MCKINNON CORP N Y COM 199333105 897 40,788 SH   SOLE   29,743 0 11,045
COMCAST CORP NEW CL A 20030n101 8,933 166,098 SH   SOLE   81,943 0 84,155
CONAGRA FOODS INC COM 205887102 5,755 174,187 SH   SOLE   147,422 0 26,765
CONOCOPHILLIPS COM 20825C104 5,955 77,827 SH   SOLE   65,162 0 12,665
CONSOLIDATED COMM HLDGS INC COM 209034107 212 8,455 SH   SOLE   8,455 0 0
CON-WAY INC COM 205944101 1,541 32,441 SH   SOLE   25,941 0 6,500
COOPER TIRE & RUBR CO COM 216831107 2,032 70,795 SH   SOLE   70,795 0 0
CORNING INC COM 219350105 254 13,115 SH   SOLE   13,115 0 0
COVANTA HLDG CORP COM 22282e102 2,130 100,375 SH   SOLE   79,875 0 20,500
CRACKER BARREL OLD CTRY STOR COM 22410j106 1,080 10,468 SH   SOLE   10,468 0 0
CRAWFORD & CO CL A 224633206 870 112,445 SH   SOLE   80,930 0 31,515
DEVON ENERGY CORP NEW COM 25179M103 4,265 62,561 SH   SOLE   52,765 0 9,796
DISNEY WALT CO COM DISNEY 254687106 8,302 93,247 SH   SOLE   59,597 0 33,650
DIXIE GROUP INC CL A 255519100 666 76,845 SH   SOLE   55,130 0 21,715
DONNELLEY R R & SONS CO COM 257867101 218 13,245 SH   SOLE   13,245 0 0
DOW CHEM CO COM 260543103 5,794 110,490 SH   SOLE   49,505 0 60,985
DUKE ENERGY CORP NEW COM NEW 26441C204 3,878 51,862 SH   SOLE   42,482 0 9,380
DYCOM INDS INC COM 267475101 950 30,920 SH   SOLE   22,530 0 8,390
EAST WEST BANCORP INC COM 27579r104 974 28,638 SH   SOLE   21,073 0 7,565
EMERSON ELEC CO COM 291011104 382 6,105 SH   SOLE   6,105 0 0
EVERBANK FINL CORP COM 29977G102 1,107 62,690 SH   SOLE   48,270 0 14,420
EXPRESS SCRIPTS HLDG CO COM 30219G108 9,373 132,700 SH   SOLE   114,852 0 17,848
EXXON MOBIL CORP COM 30231G102 12,885 137,002 SH   SOLE   89,490 0 47,512
FEDERATED INVS INC PA CL B 314211103 5,133 174,840 SH   SOLE   98,855 0 75,985
FIDELITY SOUTHERN CORP NEW COM 316394105 800 58,430 SH   SOLE   42,040 0 16,390
FIDUS INVT CORP COM 316500107 2,599 157,437 SH   SOLE   130,397 0 27,040
FIFTH STREET FINANCE CORP COM 31678A103 107 11,685 SH   SOLE   11,685 0 0
FIFTH THIRD BANCORP COM 316773100 1,762 88,001 SH   SOLE   88,001 0 0
FINISAR CORP COM NEW 31787A507 1,064 63,993 SH   SOLE   46,468 0 17,525
FOSTER WHEELER AG COM H27178104 3,162 100,000 SH   SOLE   100,000 0 0
GALENA BIOPHARMA INC COM 363256108 24 11,630 SH   SOLE   11,630 0 0
GAMESTOP CORP NEW CL A 36467w109 416 10,106 SH   SOLE   9,956 0 150
GENERAL ELECTRIC CO COM 369604103 12,680 494,913 SH   SOLE   316,470 0 178,443
GENUINE PARTS CO COM 372460105 470 5,356 SH   SOLE   5,356 0 0
GENWORTH FINL INC COM CL A 37247d106 1,048 80,000 SH   SOLE   80,000 0 0
GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 342 7,430 SH   SOLE   7,170 0 260
GLOBAL BRASS & COPPR HLDGS I COM 37953g103 1,988 135,508 SH   SOLE   99,603 0 35,905
GOLUB CAP BDC INC COM 38173M102 170 10,675 SH   SOLE   10,675 0 0
GOOGLE INC CL A 38259P508 385 655 SH   SOLE   20 0 635
GOOGLE INC CL C 38259P706 609 1,055 SH   SOLE   0 0 1,055
HALLIBURTON CO COM 406216101 3,886 60,240 SH   SOLE   51,374 0 8,866
HANOVER INS GROUP INC COM 410867105 1,646 26,791 SH   SOLE   19,631 0 7,160
HARTE-HANKS INC COM 416196103 1,676 263,054 SH   SOLE   204,164 0 58,890
HARTFORD FINL SVCS GROUP INC COM 416515104 2,980 80,000 SH   SOLE   80,000 0 0
HAWAIIAN HOLDINGS INC COM 419879101 409 30,390 SH   SOLE   30,390 0 0
HEARTLAND FINL USA INC COM 42234q102 852 35,680 SH   SOLE   27,580 0 8,100
HOME DEPOT INC COM 437076102 4,006 43,664 SH   SOLE   19,808 0 23,856
HURON CONSULTING GROUP INC COM 447462102 1,312 21,518 SH   SOLE   17,123 0 4,395
IBERIABANK CORP COM 450828108 1,956 31,287 SH   SOLE   25,282 0 6,005
IGATE CORP COM 45169U105 1,437 39,136 SH   SOLE   30,986 0 8,150
INSTEEL INDUSTRIES INC COM 45774w108 1,565 76,136 SH   SOLE   54,711 0 21,425
INTEL CORP COM 458140100 5,735 164,717 SH   SOLE   53,914 0 110,803
INTERNATIONAL BUSINESS MACHS COM 459200101 7,422 39,098 SH   SOLE   19,164 0 19,934
JABIL CIRCUIT INC COM 466313103 3,578 177,409 SH   SOLE   164,024 0 13,385
JOHNSON & JOHNSON COM 478160104 14,422 135,302 SH   SOLE   91,042 0 44,260
JPMORGAN CHASE & CO COM 46625H100 7,606 126,258 SH   SOLE   108,833 0 17,425
KAPSTONE PAPER & PACKAGING C COM 48562P103 1,050 37,538 SH   SOLE   27,050 0 10,488
KIMBERLY CLARK CORP COM 494368103 387 3,602 SH   SOLE   3,602 0 0
LA Z BOY INC COM 505336107 631 31,900 SH   SOLE   22,810 0 9,090
LANDEC CORP COM 514766104 1,273 103,954 SH   SOLE   74,724 0 29,230
LINCOLN NATL CORP IND COM 534187109 4,286 80,000 SH   SOLE   80,000 0 0
LOCKHEED MARTIN CORP COM 539830109 7,364 40,290 SH   SOLE   33,537 0 6,753
MCDONALDS CORP COM 580135101 1,197 12,625 SH   SOLE   12,625 0 0
MEADWESTVACO CORP COM 583334107 635 15,500 SH   SOLE   15,500 0 0
MEDTRONIC INC COM 585055106 463 7,480 SH   SOLE   7,480 0 0
MERCK & CO INC NEW COM 58933Y105 1,278 21,562 SH   SOLE   21,337 0 225
MICROSOFT CORP COM 594918104 12,467 268,911 SH   SOLE   142,801 0 126,110
MOVADO GROUP INC COM 624580106 617 18,670 SH   SOLE   13,695 0 4,975
MRC GLOBAL INC COM 55345K103 2,450 105,048 SH   SOLE   79,478 0 25,570
NATIONAL GRID PLC SPON ADR NEW 636274300 346 4,810 SH   SOLE   4,810 0 0
NATIONAL OILWELL VARCO INC COM 637071101 3,827 50,292 SH   SOLE   42,372 0 7,920
NEENAH PAPER INC COM 640079109 1,599 29,890 SH   SOLE   23,795 0 6,095
NETGEAR INC COM 64111Q104 2,522 80,690 SH   SOLE   67,285 0 13,405
NOBLE CORP PLC SHS USD G65431101 289 13,014 SH   SOLE   13,014 0 0
NORFOLK SOUTHERN CORP COM 655844108 5,669 50,800 SH   SOLE   0 0 50,800
NOVARTIS A G SPONSORED ADR 66987v109 7,672 81,502 SH   SOLE   43,922 0 37,580
NOW INC COM 67011P100 3,532 116,144 SH   SOLE   94,861 0 21,283
NUCOR CORP COM 670346105 1,681 30,969 SH   SOLE   29,646 0 1,323
OLD NATL BANCORP IND COM 680033107 205 15,785 SH   SOLE   15,785 0 0
ON SEMICONDUCTOR CORP COM 682189105 3,555 397,683 SH   SOLE   357,703 0 39,980
ORACLE CORP COM 68389X105 953 24,899 SH   SOLE   23,224 0 1,675
OUTERWALL INC COM 690070107 2,357 42,008 SH   SOLE   36,403 0 5,605
OWENS ILL INC COM NEW 690768403 864 33,148 SH   SOLE   33,148 0 0
PAYCHEX INC COM 704326107 557 12,604 SH   SOLE   12,429 0 175
PENGROWTH ENERGY CORP COM 70706P104 1,191 229,000 SH   SOLE   229,000 0 0
PEPSICO INC COM 713448108 8,210 88,189 SH   SOLE   75,571 0 12,618
PERFORMANT FINL CORP COM 71377e105 667 82,532 SH   SOLE   60,377 0 22,155
PFIZER INC COM 717081103 11,350 383,819 SH   SOLE   238,049 0 145,770
PHILIP MORRIS INTL INC COM 718172109 2,161 25,915 SH   SOLE   24,672 0 1,243
PNC FINL SVCS GROUP INC COM 693475105 6,087 71,128 SH   SOLE   59,838 0 11,290
PPL CORP COM 69351t106 6,410 195,199 SH   SOLE   166,626 0 28,573
PRAXAIR INC COM 74005P104 998 7,738 SH   SOLE   7,558 0 180
PREMIERE GLOBAL SVCS INC COM 740585104 1,834 153,251 SH   SOLE   115,846 0 37,405
PROCTER & GAMBLE CO COM 742718109 11,432 136,514 SH   SOLE   83,949 0 52,565
PROSHARES TR PSHS ULTSH 20YRS 74347B201 3,943 70,000 SH   SOLE   70,000 0 0
QLOGIC CORP COM 747277101 771 84,198 SH   SOLE   61,308 0 22,890
QUALITY DISTR INC FLA COM 74756M102 582 45,570 SH   SOLE   32,730 0 12,840
RAYMOND JAMES FINANCIAL INC COM 754730109 9,183 171,381 SH   SOLE   141,283 0 30,098
REPUBLIC SVCS INC COM 760759100 4,197 107,569 SH   SOLE   46,996 0 60,573
ROCK-TENN CO CL A 772739207 5,142 108,062 SH   SOLE   97,982 0 10,080
RPM INTL INC COM 749685103 2,036 44,469 SH   SOLE   44,469 0 0
SCHLUMBERGER LTD COM 806857108 569 5,600 SH   SOLE   5,600 0 0
SELECT COMFORT CORP COM 81616x103 213 10,180 SH   SOLE   10,180 0 0
SKYWORKS SOLUTIONS INC COM 83088m102 1,926 33,176 SH   SOLE   25,676 0 7,500
SMITH & WESSON HLDG CORP COM 831756101 944 100,000 SH   SOLE   100,000 0 0
SONOCO PRODS CO COM 835495102 374 9,520 SH   SOLE   9,520 0 0
SOUTHERN CO COM 842587107 4,976 113,987 SH   SOLE   63,274 0 50,713
SPECTRA ENERGY CORP COM 847560109 2,870 73,107 SH   SOLE   832 0 72,275
STAMPS COM INC COM NEW 852857200 980 30,868 SH   SOLE   22,483 0 8,385
STELLUS CAP INVT CORP COM 858568108 2,679 192,840 SH   SOLE   161,030 0 31,810
SUNTRUST BKS INC COM 867914103 1,261 33,150 SH   SOLE   3,150 0 30,000
SYKES ENTERPRISES INC COM 871237103 1,667 83,419 SH   SOLE   60,939 0 22,480
SYNAPTICS INC COM 87157D109 1,080 14,754 SH   SOLE   11,624 0 3,130
SYNNEX CORP COM 87162W100 1,714 26,524 SH   SOLE   19,854 0 6,670
SYSCO CORP COM 871829107 8,427 222,065 SH   SOLE   133,746 0 88,319
TARGET CORP COM 87612e106 4,800 76,573 SH   SOLE   64,813 0 11,760
TCP CAP CORP COM 87238q103 1,389 86,433 SH   SOLE   62,863 0 23,570
TENNECO INC COM 880349105 907 17,343 SH   SOLE   12,663 0 4,680
THL CR INC COM 872438106 2,383 184,745 SH   SOLE   154,400 0 30,345
TIDEWATER INC COM 886423102 4,061 104,037 SH   SOLE   90,772 0 13,265
TITAN INTL INC ILL COM 88830m102 473 40,000 SH   SOLE   40,000 0 0
TORCHMARK CORP COM 891027104 2,928 55,911 SH   SOLE   47,509 0 8,403
TOWER INTL INC COM 891826109 881 34,976 SH   SOLE   27,071 0 7,905
TOWERS WATSON & CO CL A 891894107 2,278 22,898 SH   SOLE   18,103 0 4,795
TRIANGLE CAP CORP COM 895848109 955 37,720 SH   SOLE   27,465 0 10,255
TRIANGLE PETE CORP COM NEW 89600b201 2,761 250,817 SH   SOLE   211,247 0 39,570
TRIMAS CORP COM NEW 896215209 923 37,944 SH   SOLE   28,734 0 9,210
TRIUMPH GROUP INC NEW COM 896818101 1,596 24,536 SH   SOLE   18,266 0 6,270
TWO HBRS INVT CORP COM 90187B101 152 15,680 SH   SOLE   15,680 0 0
U M H PROPERTIES INC COM 903002103 702 73,929 SH   SOLE   54,149 0 19,780
UNIFI INC COM NEW 904677200 1,033 39,900 SH   SOLE   39,900 0 0
UNITED PARCEL SERVICE INC CL B 911312106 485 4,930 SH   SOLE   4,930 0 0
UNITED TECHNOLOGIES CORP COM 913017109 584 5,534 SH   SOLE   5,534 0 0
US BANCORP DEL COM NEW 902973304 8,096 193,557 SH   SOLE   123,282 0 70,275
V F CORP COM 918204108 873 13,216 SH   SOLE   12,150 0 1,066
VERIFONE SYS INC COM 92342Y109 8,392 244,082 SH   SOLE   209,047 0 35,035
VIAD CORP COM NEW 92552R406 1,063 51,478 SH   SOLE   39,338 0 12,140
WAL-MART STORES INC COM 931142103 303 3,964 SH   SOLE   3,814 0 150
WASTE MGMT INC DEL COM 94106l109 426 8,965 SH   SOLE   8,965 0 0
WELLCARE HEALTH PLANS INC COM 94946T106 1,901 31,500 SH   SOLE   24,765 0 6,735
WELLPOINT INC COM 94973V107 7,294 60,980 SH   SOLE   50,810 0 10,170
WELLS FARGO & CO NEW COM 949746101 8,116 156,473 SH   SOLE   128,828 0 27,645
WHITEHORSE FIN INC COM 96524v106 1,363 102,832 SH   SOLE   93,296 0 9,536
WILEY JOHN & SONS INC CL A 968223206 1,378 24,550 SH   SOLE   24,550 0 0
WILLBROS GROUP INC DEL COM 969203108 678 81,450 SH   SOLE   59,590 0 21,860
WINTRUST FINL CORP COM 97650W108 1,786 39,974 SH   SOLE   29,669 0 10,305
XERIUM TECHNOLOGIES INC COM NEW 98416j118 1,650 112,959 SH   SOLE   84,559 0 28,400
YUM BRANDS INC COM 988498101 268 3,724 SH   SOLE   3,724 0 0
ZIONS BANCORPORATION COM 989701107 1,017 34,995 SH   SOLE   25,255 0 9,740